Otter Tail Corp reports results for the quarter ended in March - Earnings Summary

Otter Tail

04/05/2021 01:02

* Otter Tail Corp  OTTR.OQ  reported quarterly adjusted earnings
of 73 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
67 cents per share.
* Revenue rose 11.5% to $261.71 million from a year ago​; 
analysts expected $246.62 million.
* Otter Tail Corp's reported EPS for the quarter was 73 cents​.
* The mean earnings estimate of analysts had risen by about 0.2%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Otter Tail Corp shares had risen by 2.3% this quarter and
gained 10.8% so far this year.
* The company reported quarterly net income of $30.33 million.
* Wall Street's median 12-month price target for Otter Tail Corp
is $52.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 4 at 12:02 a.m. GMT. ​All
figures in US Dollars.​